Global Crude oil price of Indian Basket was US$ 40.33 per bbl on 20.04.2016

Global Crude oil price of Indian Basket was US$ 40.33 per bbl on 20.04.2016

Team EnergyInfraPost

The international crude oil price of Indian Basket as computed/published today by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas was US$ 40.33 per barrel (bbl) on 20.04.2016. This was higher than the price of US$ 40.30 per bbl on previous publishing day of 19.04.2016.

In rupee terms, the price of Indian Basket decreased to Rs. 2671.72 per bbl on 20.04.2016 as compared to Rs 2686.96 per bbl on 19.04.2016. Rupee closed at Rs 66.24 per US$ on 20.04.2016. The table below gives details in this regard:

Particulars      Unit Price on April 20, 2016 (Previous trading day i.e. 19.04.2016) Pricing Fortnight for 16.04.2016

(30 Mar to 12 Apr, 2016)

Crude Oil (Indian Basket) ($/bbl)                 40.33                (40.30) 36.98
(Rs/bbl              2671.72            (2686.96) 2455.84
Exchange Rate   (Rs/$)                 66.24                 66.41